Newmark's Data Visualization Technology and Service, Newlitic™, Receives ISO/IEC 27001 Certification

Rhea-AI Summary

Newmark Group, Inc. announces that Newlitic1, a data visualization platform for corporate real estate professionals, has received ISO/IEC 27001 certification. The platform, launched in 2023, offers customizable web dashboards for portfolio and lease administration, occupancy utilization, and more.

Information Security Analyst

The ISO/IEC 27001 certification is a significant achievement for a data visualization platform like Newlitic, particularly in the realm of corporate real estate. This certification suggests a robust information security management system, which is essential for corporate clients who rely on the confidentiality, integrity and availability of their data. In the context of increasing cyber threats and data breaches, Newlitic's certification could enhance its marketability and trustworthiness among prospective and current users.

For businesses, the assurance of data security can be a deciding factor when choosing a service provider, especially for those handling sensitive real estate portfolio information. This certification might also give Newlitic a competitive edge over other CRE technologies that lack such accreditation. From a risk management perspective, it could mean fewer data incidents, which can be costly and damaging to a company's reputation.

Real Estate Technology Analyst

Newlitic's integration of various management reporting needs into a single platform represents a leap forward in efficiency for corporate real estate professionals. The ability to analyze real estate metrics effectively is important for making informed decisions about property investments, lease management and facilities operations. The platform's versatility and scalability suggest that it can cater to a wide range of business sizes and types, potentially disrupting the traditional CRE software market.

Furthermore, the addition of NewliticQuest could represent an innovative step in real-time strategic portfolio management. By allowing executives to overlay their strategies onto existing data, Newlitic is positioning itself as not just a reporting tool, but a dynamic planning asset. This functionality may lead to more proactive and agile decision-making in the CRE space.

Market Analyst

As businesses increasingly rely on data-driven strategies for competitive advantage, tools like Newlitic that provide comprehensive data visualization and analysis become more valuable. The ISO/IEC 27001 certification could signal to investors that Newmark is committed to maintaining high standards in product development and client service, potentially affecting the company's stock valuation positively.

Investor confidence might be bolstered by the company's apparent focus on innovation and security, two key areas of interest in today's market. If Newlitic gains traction among CRE professionals, it could lead to an increase in recurring revenue for Newmark, given the software as a service (SaaS) model's potential for stable cash flow. This could be an attractive point for stakeholders looking for long-term growth and stability in their investments.

NEW YORK, March 26, 2024 /PRNewswire/ -- Newmark Group, Inc. ("Newmark"), announces that Newlitic¹, a data visualization platform and service which integrates enterprise real estate portfolio information into a single platform for actionable decision making, has received ISO/IEC 27001 certification*, the world's globally-recognized standard for information security management systems.

Newlitic, launched in 2023, is a versatile and intuitive software and service tool for corporate real estate (CRE) professionals. It provides customizable web dashboards and covers various management reporting needs, such as portfolio and lease administration, occupancy utilization, transaction management, capital projects and facilities management.

"Receiving this certification show's Newmark's dedication to data protection," said Mike Runicles, Chief Operating Officer, Global Corporate Services. "Our technology team has delivered a product that inspires client confidence, empowering leaders to analyze real estate metrics effectively and advance their data-driven strategies."

With the ability to connect to multiple data sources and implement at scale, Newlitic helps users track trends, anticipate challenges and quickly make effective decisions. With the extension of NewliticQuest, clients can layer on executive portfolio strategies in real time. Learn more at www.newlitic.com.

About Newmark
Newmark Group, Inc. (Nasdaq: NMRK), together with its subsidiaries ("Newmark"), is a world leader in commercial real estate, seamlessly powering every phase of the property life cycle. Newmark's comprehensive suite of services and products is uniquely tailored to each client, from owners to occupiers, investors to founders, and startups to blue-chip companies. Combining the platform's global reach with market intelligence in both established and emerging property markets, Newmark provides superior service to clients across the industry spectrum. For the year ending December 31, 2023, Newmark generated revenues of approximately $2.5 billion. Newmark's company-owned offices, together with its business partners, operated from approximately 170 offices with 7,400 professionals around the world. To learn more, visit nmrk.com or follow @newmark.

Discussion of Forward-Looking Statements about Newmark
Statements in this document regarding Newmark that are not historical facts are "forward-looking statements" that involve risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements. These include statements about the Company's business, results, financial position, liquidity, and outlook, which may constitute forward-looking statements and are subject to the risk that the actual impact may differ, possibly materially, from what is currently expected. Except as required by law, Newmark undertakes no obligation to update any forward-looking statements. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see Newmark's Securities and Exchange Commission filings, including, but not limited to, the risk factors and Special Note on Forward-Looking Information set forth in these filings and any updates to such risk factors and Special Note on Forward-Looking Information contained in subsequent reports on Form 10-K, Form 10-Q or Form 8-K.

*Does not include NewliticQuest.

¹ Newmark, Newmark & Design and Newlitic are trademarks/service marks and/or registered trademarks/service marks of Newmark Group, Inc. and/or its affiliates

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SOURCE Newmark Group, Inc.

What is the name of the company mentioned in the press release?

The company mentioned in the press release is Newmark Group, Inc.

What is the name of the data visualization platform mentioned in the press release?

The data visualization platform mentioned is Newlitic1.

What certification did Newlitic1 receive?

Newlitic1 received ISO/IEC 27001 certification, the globally-recognized standard for information security management systems.

When was Newlitic1 launched?

Newlitic1 was launched in 2023.

What features does Newlitic1 offer?

Newlitic1 offers customizable web dashboards for portfolio and lease administration, occupancy utilization, transaction management, capital projects, and facilities management.

Who mentioned Newmark's dedication to data protection in the press release?

Mike Runicles, Chief Operating Officer, Global Corporate Services, mentioned Newmark's dedication to data protection.

What benefits does Newlitic provide to users?

Newlitic helps users track trends, anticipate challenges, and make effective decisions quickly by connecting to multiple data sources and implementing at scale.

Where can more information about Newlitic be found?

More information about Newlitic can be found at www.newlitic.com.